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Eunisell Retains Investment Grade Credit Rating

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Eunisell Retains Investment Grade Credit Rating

Eunisell Limited, a specialty chemical and engineering solutions firm in Africa, has maintained its national scale long and short-term ratings of BBB(NG) and A3(NG) respectively with a stable outlook for year 2021/2022.

 

 

 

 

 

This was revealed in a fresh report by Global Credit Ratings (GCR), an international agency which assigned similar credit status to Eunisell for the year 2021.

 

 

 

 

 

 

The company has sustained its good standing despite the impact of Covid-19, global logistics disruptions and other challenges in the operating business environment during the year.
According to the GCR Report, the ratings indicated slight risk, showing good financial strength, operating performance and business profile when compared to the standards established by the rating agency.

 

 

 

 

 

 

It added that Eunisell rating “balances a strong niche market position, sound revenue trajectory and the substantial liquidity coverage while it reported firmer operating profit in recent years, underpinned by a shift in product mix.”

 

 

 

 

 

GCR further stated that the latest rating followed assessment of the companies’ financial performance, capital adequacy, asset quality, liquidity, profitability, risk factors and future outlooks in the medium to long-term period.
“Eunisell maintains well established positions in all its key operating segments. This is underpinned by its long operational track record, ongoing expansion of its chemical blending capacity, and the good brand recognition, which has facilitated long term relationships with industry-leading clientele and global vendors.
“Earnings performance is positive to the ratings, underpinned by the steady revenue progression on the back of continuous product innovation and demand-led volume growth,” it stated.

 

 

 

 

 

Speaking on the development, Eunisell Group Managing Director, Chika Ikenga said, “The rating represents a positive milestone for Eunisell and a further confirmation of capacity. Our continued growth and business expansion despite the challenges of a pandemic year is proof of a resilient business model. We will continue to strengthen our operations in order to remain competitive across all key market operating segments whilst delivering value to stakeholders.

 

 

 

 

 

 

“Our good standing has also earned us supports from development financial institution (DFIs) and multi-lateral organisations like BOI and AFREXIM,” he noted.

 

 

 

 

 

 

Eunisell is Nigeria’s foremost specialty chemicals, fluids and energy productions solutions company which has operated for over 25 years in West Africa.

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US-Based Society Lady, Fehintola-Brat Extends Eid-El-Kabir Greetings To Muslims

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US-Based Society Lady, Fehintola-Brat Extends Eid-El-Kabir Greetings To Muslims

 

 

United States based fahionista of class, Chief (Mrs) Ayoola Fehintola-Brat has extended a warm greetings to Muslim faithful all over the world on the occasion of the 2026 Eid-El-Kabir celebration.

 

 

 

 

Fehintola-Brat who is the Balogun Egbe Obaneye Obinrin  Akile Ijebu, and the Yeye Asofin of Idenaland in her message to Journalists urged Muslim to continually uphold the enduring values of sacrifice, obedience, faith, and compassion, which are central to the significance of Eid-El-Kabir festival.

 

 

 

 

A quiet philantropist whose humanitarian services has won her several laurels urged Muslims to use the spiritual occasion to pray for the peace co-existence of Nigerians regardless of religious, social and political leanings stressing that the oneness of the country should not be underplay.

 

 

 

 

In a related development, she expressed her felicitations to all sons and daughters of Ijebuland on the forthcoming Ojude Oba 2026 celebration, tasking age-groups otherwise known as Regbregbe to be more proactive in giving back to their immediate communities.

 

 

 

 

According to her, the beauty of the age-groups in Ijebuland is the need to contribute immensely to the development of the land in no small means. “This we will continue to achieve with God on our side”, she concluded.

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Sallah: Obasa Felicitates Muslim Ummah, Commends Nigerians for APC Primaries Turnout

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Sallah: Obasa Felicitates Muslim Ummah, Commends Nigerians for APC Primaries Turnout

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has extended warm felicitations to Muslims in Lagos State and across Nigeria on the occasion of Eid al-Adha.

In a statement released by his Chief Press Secretary, Mr. Dave Agboola, Obasa described the festival as a season of sacrifice, reflection, and gratitude, urging the faithful to continue to uphold the values of peace, unity, and love that strengthen the nation.

He noted that the celebration of Eid al-Adha is not only a spiritual milestone but also a reminder of the importance of togetherness and collective responsibility in building a stronger society.

He, likewise, emphasized that the festival provides an opportunity for Nigerians to renew their commitment to national progress and to support leadership that prioritizes development and prosperity.

Obasa, however, commended Nigerians, particularly members of the All Progressives Congress (APC), for their massive turnout during the recently concluded party primaries. He described the participation as a clear demonstration of the people’s confidence in the government of President Bola Ahmed Tinubu and their belief in the administration’s vision for a greater Nigeria.

“The APC primaries have shown the resilience of our democracy and the confidence Nigerians have in the leadership of President Bola Ahmed Tinubu and the Renewed Hope Agenda. This is a strong message that our people are ready to continue supporting policies that will drive growth and prosperity,” Obasa stated.

The Speaker further encouraged Muslims to celebrate responsibly, stressing that the joy of Eid should be accompanied by prayers for the continued peace and progress of Lagos State and Nigeria.

“As you celebrate with family and loved ones, may this season bring joy, peace, and prosperity to your homes. Let us remain united in our resolve to build a stronger nation,” he added.

On behalf of the Lagos State House of Assembly, Obasa wished all Muslims a happy and fulfilling Eid al-Adha celebration.

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ABEOKUTA FILM FESTIVAL AT ILEYA 

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ABEOKUTA FILM FESTIVAL AT ILEYA 

 

Kayshow Multimedia a filmmaking and Media organization this year 2026 holds its annual Abeokuta film festival at the Ake Palace in Abeokuta.

 

Alake of Egba land, Ọba Michael Adedotun Arẹmu Gbadebo has graciously endorsed the Free Training of Egba Youths on Film and Arts and the Entertainment of the the People with a FREE FILM SHOW at the AKE PAVILION. as part of the ABEOKUTA FILM FESTIVAL 2.0.

 

 

The Convener of the Film Festival Honorable Kehinde Soaga says this year’s event promises to be more exciting as distinguished personalities are sure to attend.

 

This includes the honorable Minister for Art Culture and Creative Economy in Nigeria, Barr. Hannatu Musa Musawa, Ààrẹ Lai Labode, Sen. Ibikunle Amosun and other special guests.

 

The event will feature Film, Cultural Dance Cultural foods and Award Ceremony.

 

The general public is hereby invited to the Free film show at the Abeokuta film festival at the Alake Palace Pavilion on Thursday 28th of May 2026 by 4:00 p.m.

 

Only well dressed is the Entry. The Abeokuta Film Festival is an annual event taking place in the capital city of Ogun State state.

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